Author: Bankingly

Bankingly's blog covers trends, tools and tips for financial institutions to achieve success in the competitive financial world.

Mobile money, the future for African countries

Mobile money, the future for African countries

Mobile money has the potential to cut the number of unbanked individuals by more than a third. According to Mastercard, more than 600 million people today have a mobile phone but not a bank account. When no banking services or financial products are available, people turn to informal providers without any legal protection and spending […]

Latest Posts

Why credit unions must go digital

Why credit unions must go digital

In recent years, credit unions have experienced remarkable growth, adding members at a record pace and deepening engagement among its users. This should not come as a surprise given that financial institutions such as these provide very interesting advantages to banks such as lower transfer fees and overdraft fees, as well as no ATM fees, […]

Uruguay’s Bankingly Raises Series A Funding from Elevar Equity and The Rise Fund to Enable Financial Inclusion Globally

Bankingly, one of Latin America’s leading providers of world-class digital banking channels to financial institutions, announced today that it has raised $5.25Mn in a round led by Elevar Equity, and in which The Rise Fund, through its co-investment partnership with Elevar Equity, and Endeavor Catalyst also participated. Through its software as a service solution (SaaS), […]